Commercial Office Building with
For Sale
$115,000
60 E Lakewood Boulevard, Holland, MI 49424
COMMERCIAL - Holland, MI
Property Size555 SF
Lot Size2.73 Acres
Price / SF$207.21
Days on Market170
Property Features for 60 E Lakewood Boulevard
General Information
Property type
Commercial Sale
Property subtype
Office
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Elementary school district
West Ottawa
Middle school district
West Ottawa
High school district
West Ottawa
Directions
US-31 to Lakewood Blvd, west on Lakewood Blvd to address
Standard status
Active
APN
70-16-20-264-024
Size
555 SF
Lot size
2.73 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
UNIT 24 RAILSIDE CENTER, AS AMENDED, AS RECORDED IN OTTAWA COUNTY REGISTER OF DEEDS LIBER 2502 PAGES 274-327 CONDO SUB
Tax Annual Amount
1518
Legal Description
UNIT 24 RAILSIDE CENTER, AS AMENDED, AS RECORDED IN OTTAWA COUNTY REGISTER OF DEEDS LIBER 2502 PAGES 274-327 CONDO SUB
Utilities
Utilities
Cable Available
Heating system
Forced Air
Building Details
Year built
2003
Floors in Building
1
Number of units
1
Listing Agency:
West Edge Real Estate LLC · Real Estate One
(616) 355-3737
Listed By:
Stephen D Grilley · License #6502396112
(616) 355-3737
Added: Feb 12
Changed: Jul 1
Last Checked: Aug 1 at 9:06AM
MLS# 26005086
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This well-maintained commercial office building offers professional office suites with modern finishes. The property is designed to support day-to-day functionality, with an emphasis on tenant comfort and long-term usability. Ample on-site parking is available for staff and visitors.
Located at 60 E Lakewood Boulevard in Holland, Michigan (Ottawa County), the building benefits from convenient access to major roadways and public transportation. It also sits near surrounding amenities, which can support tenant needs for services and convenience.
For buyers seeking a turnkey office asset, the current setup is presented as an investment-ready property with a solid operating history and stable occupancy. The configuration of office suites may appeal to a range of office users and operators looking for an established platform, while the parking and transit-friendly access can help improve day-to-day usability for tenants and their customers. With a total building size of 555 square feet and a 2.73-acre lot, this is positioned as a manageable, suite-based office property for those evaluating commercial real estate in the Holland area.
Located at 60 E Lakewood Boulevard in Holland, Michigan (Ottawa County), the building benefits from convenient access to major roadways and public transportation. It also sits near surrounding amenities, which can support tenant needs for services and convenience.
For buyers seeking a turnkey office asset, the current setup is presented as an investment-ready property with a solid operating history and stable occupancy. The configuration of office suites may appeal to a range of office users and operators looking for an established platform, while the parking and transit-friendly access can help improve day-to-day usability for tenants and their customers. With a total building size of 555 square feet and a 2.73-acre lot, this is positioned as a manageable, suite-based office property for those evaluating commercial real estate in the Holland area.
Key Highlights
- Stable occupancy and solid operating history provide immediate income.
- Highly desirable location with convenient access to major roadways and public transportation.
- Ample on‑site parking enhances tenant demand.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $9.5k | $17.04 |
| − Vacancy | −$1.3k | −$2.35 |
| EGI | $8.2k | $14.69 |
| − OpEx | −$2.0k | −$3.67 |
| NOI | $6.1k | $11.02 |
555 SF · lease $17.04/SF/yr · vacancy 13.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$87.3K
$76.4K – $101.9K
NOI $6,114 @ 7.0% cap · market cap 5.32%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$6.90M
$6.04M – $8.05M
NOI $483,110 @ 7.0% cap · market cap 420.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
377
Businesses Nearby
Explore this area
Business Placement
Demographics for 49424, MI
47,963
Population
19,906
Households
2.4
Avg Household Size
38
Median Age
34%
College-Educated
89%
High-School Grad
57.3 sq mi
ZIP Area
837
Density / Sq Mi
$82,353
Median Household Income
$41,316
Median Earnings
$1,157
Median Rent
$270,000
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Well-maintained office suites with modern finishes and ample on-site parking, positioned for convenient access.
Where is this office building located?
The property is located at 60 E Lakewood Boulevard Holland, MI.
What is the asking price?
The asking price for this property is $115,000.
What are key features of this property?
This property features: Stable occupancy and solid operating history provide immediate income.; Highly desirable location with convenient access to major roadways and public transportation.; Ample on‑site parking enhances tenant demand.
